Canadian Markets
According to a Statistics Canada report released on Tuesday, the country's economy grew 1.6% year over year in Q4 2022.
- The Canadian economy grew 2.9% in Q3 and 3.2% in Q2 2022.
- Construction was down 0.7% in Q4 as fewer single detached homes were built, and home improvement spending declined.
- Q4 growth beat the Bank of Canada's projection of a 1.3% expansion.
- According to the report, the Canadian economy grew by 3.6% in 2022.
*Canadian stock prices are as of the last close. Data received directly from the references indexes through ICE Data Services
